BOJ is back to pretend manipulating FX.
After the yen crashed following today's rate hike, the BOJ conducted a "rate check" to spook traders into covering shorts.
BOJ Governor Kazuo Ueda offered mixed messages at a briefing following a widely expected rate hike. Our Next Japan newsletter unpacks what that means for the yen.
BOJ raises rates to highest level in 31 years; JPY still falls v. USD.
Is Bessent's "I know what the BOJ is going to do" about to become "We're gonna need a bigger buyback"?